YOUR BUSINESS AUTHORITY
Springfield, MO
There is a new view of who lives in rental housing, one that challenges the perceptions many Americans have about renters and rental living. New demographics and economic choices are redefining the American home. More than a quarter of Greene County's residents rent their homes (U.S. Census: Census of the Population, 1990, all-income levels/housing).
This statistic follows an increasing national trend: people of all ages and incomes now prefer rental living over homeownership, and many of those prefer apartment living to traditional single-family housing. Recent changes in the apartment industry have led to a major new movement within the American housing system.
As we renew our focus on strong, healthy communities, the apartment industry is playing an enhanced role. It's hard to realize that a quarter of our county's population lives in rental housing.
The growth of the apartment industry along with advances in design and management and the growing desire for traditional neighborhoods is improving the experience of renters and increasing the desirability of apartments as homes.
According to the National Apartment Association, more than 6 million households, totaling 30 million people, live in apartments[[In-content Ad]]
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